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31/03/2017

1. 1MDB'S accounts for the years ended 31st March 2015 and 2016 have yet to be prepared and audited. The MoF has not commented on having the 2013 and 2014 accounts re-audited. No action has been taken by CCM (Companies Commission of Malaysia) to fine 1MDB or its top officers for the pathetic failure to comply with the law!

2. Of the funds raised in the US, RM15 billion disappeared into Najib, Jho Low and their cronies' pockets! More is missing too from funds raised in Malaysia!CLICK HERE.

Based on 1MDB's 31st March 2014 Detoilette audited accounts, it had a total of RM46 billion in borrowings and creditors. (Detoilette because auditors Deloitte announced in 2016 that 1MDB's 2013 AND 2014 accounts audited by them could not be relied upon, and then resigned)! The details are as follows:

Bank Loans, Bonds, Sukuk, overdraft etc. - RM42billion

Derivative Debt, Trade and Other Creditors - RM4 billion.

Yesterday, Najib "cleverly" announced that about RM10 billion of 1MDB's short term debts had been repaid. He deliberately failed to say how much more was outstanding. Or, how these were going to be repaid, given it had sold its IPPs and Bandar Malaysia land. He also did not produce an unaudited 1MDB balance sheet to show us its current financial position.

Also, part of the RM10 billion was used to pay debts incurred by 1MDB AFTER 2014 e.g. RM950 million MoF standby credit!

Since 2014, 1MDB has had to service interest on its $42 billion borrowings at an average of say, about 5% per year. It had also defaulted on some loan interest as well as capital repayments. Tycoon Ananada Krishnan was instrumental in re-financing some RM4 billion of 1MDB's loans in 2015!

More than that, the US$ has ballooned to about 4.40 against the ringgit, adding some RM10 billion to 1MDB's debts, due to exchange rate losses.

Another headache is the US$6.5 billion that IPIC of Abu Dhabi has sued 1MDB for interest and loan repayment guarantees. This is the subject of an arbitration case being heard in London.

Based on the above table, 1MDB had about RM95 billion in debts, which after yesterdays announcement, is reduced to RM85 billion.

So, over to Najib:

1. How is this RM85 billion going to be repaid?

2. Which are the projects Najib is going to inflate to illegally cover-up 1MDB's losses? ECRL? Pan Borneo Expressway? KL-Singapore HSL? Rapid JB? More likely, ALL OF THEM!

This alone shall bankrupt the treasury and make Malaysians be indebted from birth to death.The whole UMN/?BN cabinet and regime shall be inscribed in the annals of humanity to be the architect and builder of a national sovereign fund that put her citizens to be bankrupted citizens from birth to death.

And all the members of the regime from the PM right down to the office boy in the remotest part of the nation shall bear the responsibility and sin of this despicable deed!

--money just doesn't evaporate...ringgit 95.000.000.000 is a shit load of money----not easy to hide so IF AND ONLY ..IF..you bring ALL the culprits to justice, prosecute Najib and all the cronies and corrupted associates--- CONFISCATE bank accounts local and foreignproperties and businesses of relatives, malaysia should recover TRIPLE the 95billion, BUT who will do the right thing?

Will the 6 million public servant/pensioners/FELDA/rural cum jungle voters still choose BN? If the answer is yes, folks better change all your money to foreign currency and start to line up at foreign embassy for emigration forms. When the shit hits the fan, it ain't pretty...no sirreee.

The US$6.5 billion you refreed to is the principal amount due only in 2022/23.

The IPIC claim is appx. US$6.48 rounded up. It represents overdue interest and other payments asssumed and paid by IPIC. IMDB says it paid this money to IPIC (or at least part of it), but Qubaisy, Husseiny and Jho Low diverted it to 2 fake companies bearing similar names to IPIC subsidiaries. This is now the subject of the London arbitration hearing. Pls refer https://www.bloomberg.com/news/articles/2016-06-14/ipic-seeks-6-5-billion-from-1mdb-malaysia-in-arbitration-bid AND http://www.reuters.com/article/us-malaysia-scandal-1mdb-ipic-idUSKCN0Z00ZM.

This includes, I believe, US$1.2 billion of "units" falsely claimed by 1MDB Arul Kanda that was supposedly placed with BSI Singapore.

MOI is not only stupid and dumb, but advised by people who are greedier and dumber. You must understand that you cannot bring all the money to your grave. Whatever left for your children and grandchildren will be cursed and they will not have an easy peaceful life as the money was all stolen.

This is no laughing matters. Sooner or later, all these debts need to repaid and with an irresponsible govt. in charge, all these debts must surely rest on the Rakyat's shoulders. The rural folks really need to understand a financial tsunami is coming and like a real tsunami, things look calm and the shore will recede to see pretty crabs and fishes jumping up and down. The scenario is surreal until you see the 30 metres wave coming...it's too late bros!

Keep on stealing there is no one to stop the thefts The rest of he world believes there is wrong doing but in Malaysia (bolehland) no wrong seems to have be done.

How strange. Either the enforcement agencies of these countries prosecuting are either stupid and incompetent or telling lies.

Bottom line is this, if the Malay majority still believes that their big Leaders and small leaders have done no wrong then the bleeding continues I guess money can buy them a place in heaven when they all die for all the acts of injustice they are responsible for. I guess they can bribe God to look the other way, wow what an understanding God . I wonder which God, that allows lies, half truths, corruption, stealing , persecution, bullying,, lawlessness, and many more.

I must be living on the wrong side that honesty, integrity, fairness, justice , principles and that God is holy means something.

We are all wrong for believing in good, and we must become as bad as they are to beat the s**t out of them. We must learn to speak with fork tongues, tell lies with a straight face, be treacherous, I mean just have no morals to begin with. After all the goal is Money & Power. Everything else is nonsense.

Good luck and God bless Malaysia for we deserve to be wiped of the face of the earth for turning the other way!

...and this sick arsehole can continue traveling to China, and now India as though all is well and happy back home. Let's see if this sick prick is bold enough to plan a trip to USA, or perhaps Switzerland.

What future is in store for the children of Malaysia by Umno? A grim future under the shadow of debt burdens? Will they grow up devoid of smiles and laughter? What a cruel regime to commit such a reckless act against an entire generation of children?

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MURDERED IN MALAYSIA: THE ALTANTUYA STORY BY E.S. SHANKAR

TO BUY BOOK CLICK ON PICTURE

MURDERED IN MALAYSIA: THE ALTANTUYA STORY BY E.S. SHANKAR

Dear Readers,

Have you read the explosive new ebook "Murdered In Malaysia: The Altantuya Story" yet? The mystery surrounding the murder of Mongolian model Altantuya Sharriibuu has long troubled Malaysia and E.S Shankar's new book sheds light on many unanswered questions.

This meticulously researched, honest and informative book is for you and for all those Malaysians who want to know the full truth about the disgraceful and barbaric murder of a Mongolian girl, who had the misfortune to associate herself with persons which led ultimately to her murder and the disintegration of her dead body, and perhaps her unborn child, by explosion.

E.S Shankar has produced a tour de force in terms of research and the comprehensive scope of his enquiries, leaving no stone unturned in his quest to bring to light facts that were disgracefully suppressed and covered up by one of the most shocking examples of interference in the judiciary that Malaysia has experienced in its history. The impact on the independence of Malaysia's law enforcement agencies has been far-reaching and malign.

As E.S Shankar's book makes clear, the murder of Altantuya Shaariibuu was not an unpremeditated killing, carried out by "rogue cops". It was planned with care and needed the intervention of very powerful people to make it happen - and then when it was discovered, to cover up the truth. And all that simply to save the face and reputation of a very powerful Malaysian personality.

Malaysia owes a debt to this brave author who has dared to lay out the facts that others have attempted to hide. His book may read like a thriller, but it is the chilling truth and everyone should take time to understand its consequences.

- Sarawak Report Editor Clare Rewcastle Brown

GREATEST QUOTES OF 2012/2013

1. Exercising democratic rights could place society in a never-ending vicious cycle of instability and insecurity.

2.We are doing the right thing if everybody is unhappy, which means you have to give up something . . . You cannot say this is my right, I must get it. Then others will say they want their rights, too.

'TIGER ISLE-A GOVERNMENT OF THIEVES' by E.S. SHANKAR

SYNOPSIS OF 'TIGER ISLE - A GOVERNMENT OF THIEVES' by E.S. SHANKAR

Tiger Isle or Pulipore, the corruption capital of the world that mysteriously emerged from the depths of the waters of South East Asia in 200 CE, spirals towards its tipping point in 2012.

Hundreds of billions of dollars of cost over-inflated defence and other government procurement and infrastructure development contracts, national projects “that MUST not fail, ever” and the cosy “win-win” relationships between government and fraudtrepreneur crony “corpo-rat captains of industry”, send Tiger Isle hurtling towards the precipice of third world status and bankruptcy.

Tiger Isle’s evil and despotic President Kapalin plays every card, from race to Tigerist religion to hounding his political nemesis, Maitreya, with trumped-up rape and sodomy charges, to cling on to power. Failure is not an option, as Kapalin and his ambitious and self-promoting wife, expensive Birkin handbag toting ‘Big Porka’ Natasha, are also implicated in the cover-up of the gruesome murder of Tiger Isle’s Oscar-winning actress, dynamited to bits in a secluded forest.

Now, government auditor Rekha and her seven best friends race against time and the threat of a prophecy being fulfilled to save Tiger Isle and its 30 million inhabitants from annihilation, even as Kapalin plots and embarks upon apocalyptic plans that could prove to be the harbinger of World War III.

On the horizon, Rekha, married and a mother of two, sees the looming menace and racist aims of Kapalin’s mentor, bitter ex-President Bhairav, who stirs up extremist and right-wing Tigerist sentiments to undermine Kapalin and replace him with his own son as President.

The fate of a nation hangs in the balance as Rekha prepares for battle with her famous cry of “We are all of One Race, the Human Race.”

Mixing suspense with humor and pathos, E.S. Shankar’s superbly written, original and stunning debut novel ‘TIGER ISLE – A GOVERNMENT OF THIEVES’ is a classic story of endemic corruption in South East Asia and its various frightening totalitarian and racist regimes that pose as benign multi-racial, multi-religious, multi-ethnic and multi-cultural democracies.

“A great read simply for its thrilling plot and wonderfully-imagined setting, but an even better one if you're interested in Malaysian/ South East Asian politics & history.” S.Ganesan.

To purchase this novel online go to http://gbgerakbudaya.com/bookshop/index.php?main_page=product_book_info&cPath=1_5&products_id=1689

A.B.U.Anythang But UMNO

A.B.U.Anything But UMMI

A.B.N.Anything But NALLA

A.B.ZN.Anything But ZUL NORDIN

A.B.WCKAnything But Wee CK

BABUAn Indian Actor. Lol!

Rakyat detepikan,Kedaulatan lanun BUMNO/BN diutamakan.

BERSIH, OPPOSITE OF KOTOR! CLEAN, NOT DIRTY!

BAHARUDDIN AHMAD, R.I.P.

The first martyr of Bersih 2.0 09/07/2011.
Blood is on PM Najib's hands.
We will never forgive you, Najib.

CONGRATS NICOL DAVID - MALAYSIA'S GREATEST EVER SPORTSPERSON!!

Nicol successfully defends world squash title and maintains WORLD NO.1 Ranking!!

Egg Jokes for Eggciting Times

Fuck! Chicken Little, is that you??? courtesy of http://www.flickr.com/photos/36998705@N00/128517029/

malaysiasoros@terkini. ballsups_pseuds.con quotes

1. Jagdeep then asked Nizam (of Utusan) to explain what ultra vires meant, for the benefit of the court. Nizam looking confused, replied: “To insult.”Jagdeep then told Mohd Nizam that his misunderstanding of the word had caused chaos in the country because the word actually means “beyond the powers”. Malaysian Insider.2. "Is Najib qualify to be next PM?" Now you know why the Ministry of (ms)Education wants to do away with teaching Science & Maths in English. It's an utter waste of time!

3. "It doesn't mean anything that Malaysia is No.185 in FIFA's World Rankings. That is determined only by the number of games you play in a year!!" ex-Malaysia footballcoach4. "The presence of criminals also posed a threat to the safety of Police Officers. So, the Police Base was closed!" Minister for Home Office 17/10/08